Banking

Banking
Revolut Intros Savings Vault with 0.7% Interest to Advance Consumers’ Goals
January 17, 2022

London challenger bank Revolut is launching Savings Vault to provide Revolut Metal customers with a savings product that offers a 0.7% interest rate to help people reach their financial goals, according to a press release emailed to PYMNTS on Monday (Jan. 17). Get the Full...

Banking
Big Bank Earnings Show Consumer Spending’s Continued Resilience
January 17, 2022

As earnings season gets underway, a trio of big bank earnings points to variations on some themes: Consumers are still spending, loan losses seem manageable … and technology underpins it all (and the banks will have to keep spending on tech to keep apace with...

Banking
Legal Spat Over FinTech Bank Charters Spotlights Deposit Insurance Debate
January 17, 2022

The regulatory path forward for FinTechs seeking to offer banking services on a national scale may have gotten a bit clearer, but it hardly seems shorter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Banking
Silicon Valley Bank on Banking at the Edge of Technology
January 17, 2022

Serving digital-first banking clients means meeting them where they are, whether they reach out online or want to talk finances over a glass of wine at an in-branch cellar. In the Digital-First Banking Tracker, Silicon Valley Bank’s Milton Santiago explains how cross-channel access to personalized...

Banking
Investors Wary of Future Big Bank Profits
January 16, 2022

Big U.S. bank bosses have been optimistic about the economic outlook as of this past week, but investors have been skeptical of the growth outlook, Reuters reported Friday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Banking
Big Pandemic Profits Could Be Over For Big Banks
January 14, 2022

The honeymoon may be over when it comes to big banks and the pandemic economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Citi Sells Southeast Asia Consumer Banks to UOB in $3.7B Deal
January 14, 2022

Citi has closed a $3.7 billion deal to sell its consumer banks in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank (UOB), including retail banking and credit cards but excluding Citi’s institutional businesses, according to a Thursday (Jan. 13) press release. Get the...

Banking
Silicon Valley Bank’s Digital-First Approach t​o Keeping Tech Innovators Engaged
January 14, 2022

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Banking
FNB Debuts Digital Physicians First Banking Program for Healthcare Professionals
January 13, 2022

FNB has debuted a new digital program for loans and deposit products for physicians, dentists, veterinarians and other health professionals, the company announced Thursday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...